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As per an IBM report, “31%of the project get cancelled before they are completed, 53% overrun their cost estimates by an average of 189% and for every 100 projects, there are 94 restarts”.What is the reason for these statistics ?

As per an IBM report, “31%of the project get cancelled before they are completed, 53% overrun their cost estimates by an average of 189% and for every 100 projects, there are 94 restarts”.What is the reason for these statistics ? Correct Answer Lack of adequate training in software engineering

Option b & c are a part of Software Engineering as a subject,hence option a covers them both.

Related Questions

According to an IBM research, “31% of projects are abandoned before they are completed, 53% exceed their cost projections by an average of 189 percent, and 94 projects are restarted for every 100 projects.” What is the significance of these figures?
In a school, a Science project has been assigned to three students Rajat, Rohan, and Bishal and it was told that they should work together on that project. Working alone Rohan can finish the project in 20 days, it is also given that if Rajat and Bishal work on the project they will take 9 days to complete the project. Bishal alone can complete the project in 15 days. Rohan started working on the project from Monday but after 8 days he left and after that Rajat and Bishal started working on it but Bishal also left 6 days before completion of the work and Rajat completed the remaining project, in how many days will the project be completed and on which day will it be completed?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow (s) for pursuing. Statement: With one year to go for 2019 parliamentary elections, Prime Minister Narendra Modi has stepped in to ensure results can be seen on the ground. The Centre has asked states to focus on impactful and public-private-partnership based smart city projects, which would show results over the next one year and have a review mechanism in place. Ministry of housing and urban affairs, the nodal ministry for Smart Cities Mission has identified 261 impactful ventures worth Rs. 31,000 crore and PPP projects worth Rs. 32,000 crore for the states to work on. Courses of Action: I. The move follows directives from the Prime Minister. During a review of Smart Cities mission last week, PM Modi had emphasized on early implementation of projects and suggested that the chief secretaries of all states should review the progress of the implementation. II. These identified projects account for an investment of Rs. 31,112 crore. The states have also been asked to work on 370 PPP projects that involve an investment of Rs. 32,410 crore The impactful projects identified range from building 40 outdoor fitness centres in New Delhi Municipal Council area at a cost of Rs. 1.31 crore to redevelopment of 340 acre area in Bhopal at a cost of Rs. 3,000 crore.  III. Secretary (housing and urban affairs) D. S. Mishra has written to chief secretaries of states and asked them to focus on the belated implementation of smart city projects that have a visible and transformative impact in the lives of citizens in identified smart cities.
Three scientists A, B and C are working on certain projects simultaneously. One- third of the number of projects with A is equal to one-fifth of the number of projects with B, which is equal to one-seventh the number of projects with C. B is working on 90 projects. Find the number of projects A should undertake to make it equal to the number of projects with C.
Statement: US President Donald Trump on Thursday cancelled the talks scheduled for June 12 with North Korean leader Kim Jong-un. Which of the following objection(s) might be a probable reason(s) for the above-taken step by US President Donald Trump? I. The US President cited North Korea's recent "tremendous anger and open hostility" as the reason for him cancelling the summit. II. Donald Trump did not want to make any relations with North Korea and wants a nuclear war between the two nations and as a result has cancelled the summit. III. In a letter to the North Korean Leader, US president cited that the statements released by the North Korean Vice Minister Choe Son-hui represented "tremendous anger and open hostility", as a reason for cancelling the summit. IV. North Korea is the US’s rival and building any relationship with the Korean nation will bring economic harm to the US and as a result has cancelled the summit.
A lady wants to buy the following items in the given price range- 1. Tomato between Rs. 40 and Rs. 45 per kg. 2. Grapes in the price range of Rs. 80 and Rs. 90 per kg. 3. Milk packets at Rs. 23 per liter. In which shop from the following will she definitely get all her items/ A. Shop S sells tomato at Rs. 22.5 per half kg, Grapes at Rs. 82 per kg and milk at Rs. 24 per liter. B. Shop H sells grapes at Rs. 21 per quarter kg, milk at 12.5 per half litre and tomato at Rs. 22 per half kg. C. Shop O sells milk at Rs. 11.5 per half litre, tomato at 21 per half kg and grapes at Rs. 43 per half kg. D. Shop P sells tomato at Rs. 23.5 per half kg, grapes at Rs. 85 per kg and milk at Rs. 23 per litre.
"It is now expected that the variable production cost per unit and the selling price per unit will each increase by 10%, and fixed production cost will rise by 25%. What will be the new break even point?
Selling price - Rs 6 per unit
Variable production cost - Rs 1.20 per unit
Variable selling cost - Rs 0.40 per unit
Fixed production cost - Rs 4 per unit
Fixed selling cost - Rs 0.80 per unit
Budgeted production and sales for the year are 10,000 units."
In the question below, are given a passage followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: The high-speed rail network in the Mumbai- Ahmedabad Bullet train project is estimated to cost Rs 1.1 lakh crore including the purchase of 24 train sets, interest during construction and import duties. Japan is funding 81% of the total project cost, through a loan, at 0.1% interest. They are also the nation entrusted with constructing the network and Bullet trains. Courses of action: I. India must take more such loans from Japan for infrastructure development across the country. II. India should not spend such huge sums of money in such Infrastructure projects in future as we should tackle issues like Poverty instead. III. Every effort should be made to ensure Technology transfer from Japan so that we can become self-reliant for future projects.
Read the passage carefully and select the best answer to each question out of the given four alternatives. By practicing mindfulness and other principles, we become more aware of and present to our fears and others fears, bearing witness as a way of healing andempowering. We see the spiritual path as intertwined with the path of social action, with contemplation and action parts of the same whole, each nourishing andguiding the other. Acknowledging that our well-being depends on others makes caring for others well-being a moral responsibility.
Through a “mindful citizen” exercise, we create a story articulating who we are as individuals who are also part of communities. This exercise helps us move beyond cynicism, complacency, and despair, instead infusing us with a sense of purpose. We embrace our gifts, resolving to do our part to promote a sense of common humanity as a means toward social justice.
With this exercise, I believe we can help students bridge their divides and replace anger and distrust with compassionate connections – just as I witnessed betweenShirley and Tiffany.
Shirley returned to class after a brief hiatus, keeping a cool distance from Tiffany. But over the weeks spent together they gradually came to know each other. They practiced seeing and listening, sharing stories so different that they felt bewildered as to how they could overcome the gap. But they found that acknowledging their differences led them to discover a place of deep connection in commonalities, such as being raised by grandmothers, and even wounds, including childhood trauma,that they never imagined existed.
In assessments of these classes, students say that these small groups become “healing communities,” where we overcome victimization and claim agency. Healingoccurs as we transcend an “us vs. them” mentality, crossing borders and forging connections. These communities show a way of reducing intergroup prejudice andfostering inclusion based in psychology research and pedagogical practice. What was the reason behind the strong connection between Shirley and Tiffany?
What is the use of bibliography/references generally provided at the end of a project report? A. It gives the details of documents learners referred to prepare the projects. B. It is a proof that the learners have collected these materials to develop projects. C. Learners are giving credit to works done in the field while citing the details. D. It is the compulsory requirement for a project report and hence included. Choose the correct option.